296 Lynn Ann DrNew KensingtonPA15068
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Kensington at 296 Lynn Ann Dr, New Kensington, PA, 15068 priced at $429,900 converts $2,872/mo rent into $55/mo cash flow after a $2,104/mo obligation. Total monthly income equals $2,872/mo, and annual cash flow totals $661/yr on $142,512 invested. Return on cash invested prints 20.37% in year one, and rental yield reads 8.02% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 105.84% and total cumulative return in cash sums $150,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,872/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 1991
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15068, New Kensington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,454 (100%) |
| Owner Occupied HU | 11,876 (64.4%) |
| Renter Occupied HU | 4,576 (24.8%) |
| Vacant Housing Units | 2,002 (10.8%) |
| Median Home Value | $194,212 |
| Average Home Value | $234,679 |
Housing Distribution
Address Breakdown
Residential
17,104
Single Family
15,685
Multi-Family
1,419
Businesses
1,003
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Listed by: Deborah DiLorenzo • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1730467